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Travel & Tourism industry news by Greek Travel Pages (gtp)

A note by the publisher

The immediate after affects of the, until September 11, unimaginable attack against humanity by terrorists are grave for some. But tourism is perhaps the world's strongest economic sector as people refuse to change their life styles: These citizens of the world will continue to...

Cyprus Airways To Create Greek Subsidiary

Either through a Greek subsidiary airline or through an alliance with a private Greek carrier, Cyprus Airways is about to take on Olympic Airways. The Cypriot flag carrier says it will concentrate on international flights out of Greece and perhaps team up with a private Greek...

Twelve Superfast Ferry Launched

Superfast XII slid gracefully down the slipway of the yard into the waters of the Baltic Sea last month. Attica Enterprises, the holding company for Superfast Ferries, said its newest super-fast vessel is due for delivery from the Flender Werft shipyards in Lubeck, Germany, in...

Axon Airlines Grounded

Axon Airlines, which was bidding to buy national carrier Olympic Airways, announced the suspension of operations on November 30, citing an industry downturn and rising losses in the wake of the September 11 attacks on the United States.

Still No Master Plan For Greek Tourism

Greece can expect to see a 5- percent increase in tourist arrivals next year based on the double premise that the global economy recovers from the current uncertainty and the government takes steps to boost the industry, according to a study released last month by the Tourism...

Sarbre And Forthnet Subsidiaries Sign Strategic Cooperation Agreement

The commercial cooperation between FORTHcrs, a Forthnet subsidiary, and Sabre Hellas, a Sabre Inc. subsidiary, is now official. Both parties announced a cooperation agreement last month that centers on new and complete solutions in electronic booking and ticket issue.

Closures Godsend For Athens Hoteliers

Although most of the major Athenian hotels that have closed for radical renovations had planned to do so long before the September 11 attack, the timing has turned into a godsend for the rest of the sector. And with bookings down to cover only about 35% available beds, hoteliers...

Airport Ground Handling Companies Hit Financially

Airport ground handling companies here in Greece now suffer the same financial blows felt by airlines after the New York terrorism attack. Airlines, in an dire attempt to cut costs wherever possible, have made life unbearable for some independent companies, not least of which are...

Tourism Properties Under Private Management

Hellenic Tourism Properties is about to turn its management over to the private sector.

Around The World With SkyTeam

Some 18 sales representatives from local SkyTeam offices - Air France, Aeromexico, Alitalia, CSA Czech Airlines, Delta and Korean Air - called on 75 travel agencies in Athens and Thessaloniki during a recent short 3-week period. They presented the four new "Around the World Tour"...

Marine Development Profitable

The first phase of the bidding process for the privatization of the Alimos, Floisvos and Zea marinas conducted by the Hellenic Tourism Properties is completed. And some very powerful business groups are among those that will continue to participate in the final stage.

Luxurius Sofitel Adds Creative Class To Airport

From the outside, this does not appear to be a particularly distinctive premium hotel. Its classical style, however, designed to blend in with the intentional blandness of the new El.Venizelos airport at Spata, does grab your attention. Once inside, the change is mind boggling.

Tourism Crisis Not Critical

European Union travel agencies may be suffering somewhat financially, but for the moment the repercussions from the September terrorism attack are not near as bad as first anticipated, said Carl Axel Rheborg, president of ECTAA, which is the group of national agents and tour...

More Funds To Be Spent On Greek Tourism Promotion

Economy and Finance Deputy Minister Christos Pachtas approved credits worth 32 million euros (11 billion drachmas) to finance a marketing campaign for Greek tourism, domestically and abroad. That is twice the figure spent last year, the minister said.

Athenian Callirhroe Exclusive Opens New Era For Greek Hotels

In his many travels, Vassilis Vellanis stayed at a plethora of hotels. But for the most part, each was totally impersonal. Some were even downright unacceptable. Friends and business acquaintances - for the past 50 years his family has run an Greek industrial group with plants...

More Coastal Shipping Mergers And Alliances

Talk around the Piraeus harbor area these days centers on a plethora of meetings being held in a general effort to form new coastal shipping alliances and merges, such as the rumored alliance between Attica Enterprises (Superfast Ferries) and Minoan Lines. Then there's the merger...